Looking to diversify beyond SWLGX? The mutual funds below have the lowest correlation with SWLGX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from SWLGX.
Best Diversifiers for SWLGX
8 mutual funds have low correlation with SWLGX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) (Inflation-Protected Bonds) with a 1Y correlation of 0.00, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.00 | 0.05 | 0.12 | 84 | Inflation-Protected Bonds | SWLGX vs VTAPX | |
| Schwab Tax-Free Bond Fund™ | 0.13 | 0.12 | 0.11 | 68 | Municipal Bonds | SWLGX vs SWNTX | |
| Schwab California Tax-Free Bond Fund™ | 0.15 | 0.10 | 0.09 | 66 | Municipal Bonds | SWLGX vs SWCAX | |
| SEI Institutional Investments Trust Ultra Short Du... | 0.15 | 0.06 | 0.08 | 97 | Ultrashort Bond | SWLGX vs SUSAX | |
| Schwab Opportunistic Municipal Bond Fund | 0.18 | 0.12 | 0.10 | 74 | Municipal Bonds | SWLGX vs SWHYX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SWLGX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SWLGX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.27, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.27 | -0.08 | 0.06 | 72 | Energy | |
| The Coca-Cola Company | -0.27 | -0.08 | 0.11 | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.26 | -0.15 | -0.01 | 62 | Utilities | |
| Altria Group, Inc. | -0.25 | -0.10 | 0.01 | 72 | Consumer Defensive | |
| Chevron Corporation | -0.25 | -0.05 | 0.09 | 70 | Energy |
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Build a portfolio that complements SWLGX
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